Bank of Canada raises key interest rate as it tries to get ahead of hot economy
Bank of Canada raises key interest rate as it tries to get ahead of hot economy “As the economy continues to outperform expectations, the Bank of Canada has chosen to act sooner rather than later to clamp down on inflation, raising its interest rate by a quarter of a percentage point on Wednesday (June 7). Its […]
High prices deter produce shoppers: Report
High prices deter produce shoppers: Report “High prices remain a sticking point for produce shoppers, a new report from the Canadian Produce Marketing Association (CPMA) says. CPMA’s 2023 Canadian Customer Report shares new findings on Canadians’ perceptions, purchase intentions, consumption and shopping habits with regard to fresh produce in the first quarter of the year 2023. Fifty eight […]
The price is not right: Gen Z’s sustainable-fashion conundrum
The price is not right: Gen Z’s sustainable-fashion conundrum “Ask most Gen Zers if they care about the planet and its people—and if they make shopping decisions based on those beliefs—and you’re likely to get a yes. But it’s getting harder to see those same values in action. The current cost-of-living crisis (that big inflation […]
“Increasing demand for IQF Fruit is driving us towards a sustainable future”
“Increasing demand for IQF Fruit is driving us towards a sustainable future” “The demand for frozen goods has significantly increased in recent years due to a number of causes, says Maria Vieitez, marketing coordinator of OctoFrost: “Consumers have had to reconsider their buying habits in response to rising food prices and current inflationary tendencies. They […]
Retailers move from a supply chain to a value chain mindset
Retailers move from a supply chain to a value chain mindset “The majority of retail leaders (89%) consider the complexity and diversity of today’s supply chain risks to be one of the largest threats to corporate growth, according to Capgemini Research. In light of these changes, retail executives are transforming their supply chains from a […]
What grocers should expect for the 2023 grilling season
What grocers should expect for the 2023 grilling season “It’s nearly summer and the living (not to mention the grilling) should be easy. Yet, the combination of rising food prices and changing consumer habits are impacting a key selling season that has remained reliably unchanged for years. But, the good news is, it remains as […]
Cheese consumption is down, but there are ways to adapt to changing consumer habits
Cheese consumption is down, but there are ways to adapt to changing consumer habits “Canadians’ love affair with cheese peaked during the pandemic, as lockdowns had people returning to their refrigerators for a snack more often and diving deeper into home cooking, frequently using cheese as a key ingredient. COVID led to record-breaking consumption, with the […]
Canada saw decline in fresh fruit, vegetable availability in 2022: StatCan
Canada saw decline in fresh fruit, vegetable availability in 2022: StatCan “Statistics Canada says fewer fresh fruits and vegetables were available to Canadians in 2022, due to factors such as ongoing supply chain issues, labour shortages and price increases. StatCan says the amount of available fresh fruit declined by more than 5% in 2022 from the […]